Tag Archives: layoff

Trump Renews Layoff Threats as Shutdown Accusations Continue to Fly – The New York Times

Trump Renews Layoff Threats as Shutdown Accusations Continue to Fly  The New York Times Shutdown enters a new week with Congress still at odds over funding the government  CNN Hassett says layoffs will come if Trump thinks shutdown negotiations ‘are going nowhere’  ABC News – Breaking News, Latest News and Videos Democrats’ defiance on shutdown shows a new, tougher approach to Trump  The Washington …

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Karoline Leavitt defends Trump layoff plan during shutdown : NPR

Karoline Leavitt defends Trump layoff plan during shutdown : NPR

White House press secretary Karoline Leavitt speaks with reporters at the White House, Thursday, Oct. 2, in Washington. Evan Vucci/AP hide caption toggle caption Evan Vucci/AP With the federal government in the third day of a shutdown, White House press secretary Karoline Leavitt says the Trump administration has no choice but to look at where it can make cuts to …

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USPTO sends layoff notices after Trump administration threatened shutdown RIFs

USPTO sends layoff notices after Trump administration threatened shutdown RIFs

On the first day of a government shutdown, the U.S. Patent and Trademark Office announced that it will close one of its regional offices and lay off employees. USPTO announced Wednesday that it will permanently close the Rocky Mountain Regional Outreach Office in Denver, Colorado. In an email obtained by Federal News Network, John Squires, USPTO director and the under …

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Layoff news: Lufthansa plans to cut 4,000 jobs by 2030 amid AI push, says profit outlook strong

Layoff news: Lufthansa plans to cut 4,000 jobs by 2030 amid AI push, says profit outlook strong

Layoff news: Aviation giant Lufthansa Group on September 29 said that it plans to cut around 4,000 administrative jobs in Germany by 2030, according to an AP report. This comes amid increased use of artificial intelligence (AI), digitalisation and consolidation of work among member airlines, the company said. It added that demand and profit outlook is expected to be strong …

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Ford Stock (NYSE:F) Slips Despite German Layoff Plans

Ford Stock (NYSE:F) Slips Despite German Layoff Plans

Normally, news of layoffs tends to do good things for stock prices. That did not hit for legacy automaker Ford (F), which recently announced that it was planning to lay off 1,000 workers from its factory in Cologne, Germany. That layoff news did not bring investors happy to hear about cost-cutting, but rather, concerned investors instead. Ford shares slipped fractionally …

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